According to Odaily Planet Daily, Trump's second son Eric Trump posted on the X platform: Once again, buy BTC and ETH on dips.
Eric Trump, the second-oldest son of President Donald Trump, holds a significant stake in American Bitcoin, a company he co-founded in March. According to securities filings filed Tuesday, his stake will be exchanged for approximately 367 million new shares of Nasdaq-listed Gryphon Digital Mining Inc. in a planned merger. With Gryphon's share price around $1 on Thursday, his stake could be worth $367 million when the company goes public in the coming weeks. The combined company will be named American Bitcoin. (Bloomberg)
According to BitMart's July 31st market report, the total cryptocurrency market capitalization is approximately $3.89 trillion, up 0.61% from the previous day. BTC experienced a significant correction, with its price plummeting from around 119,000 USDT to a low of below 116,000 USDT. This decline was accompanied by a significant increase in trading volume, indicating strong selling pressure. After hitting its low, BTC quickly stabilized and rebounded, currently trading above 118,000 USDT. Yesterday, BTC ETFs saw a net inflow of $12 million. Ethereum prices formed a new consolidation range between 3,760 and 3,840 USDT. Yesterday, the ETH ETF saw a net outflow of $14 million. The altcoin market as a whole showed clear structural differentiation, with the Fear and Greed Index currently at 62. BitMart X Insight data shows that current cryptocurrency market sentiment is extremely optimistic (index +92). The crypto market's social media presence is high, with an average SSI of approximately 72. ETH (83.58) is dominated by institutional inflows, while TRUMP (71.5, +6.32%) is active. However, most cryptocurrencies have low KOL attention, with sentiment concentrated among the top investors. The crypto market is facing extremely high alert levels, with the top ten cryptocurrencies all showing 100% social media anomaly scores. Investors are advised to be wary of market overheating and high volatility.
SunPump officially announced the listing of the meme token, TRUMP, on the SUN.io trading platform. As the largest one-stop financial trading center within the TRON ecosystem, SUN.io leverages its strengths to provide users with secure and efficient TRUMP exchange services, further expanding the TRON on-chain asset portfolio and improving the platform's asset matrix. Users can now trade TRUMP instantly through SUN.io.
Odaily Planet Daily News: CCTV News Channel (CCTV-13) "World Weekly" column broadcast relevant content about "Trump Coin (TRUMP), WLFI and Stablecoin" last night.
